Deus Spes Mea Foundation Inc
- Assets
- $23.8m
- Revenue
- $1.8m
- Investments
- $19.3m
- Employees
- 0
- Location
- Miami, FL
- Founding
- 08/1998
- Data as of
- 12/2021
- EIN
- 65-0841971
Organization Overview
Deus Spes Mea Foundation Inc is located in Miami, FL. The organization was established in 1998. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Deus Spes Mea Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Deus Spes Mea Foundation Inc generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.4% each year . All expenses for the organization totaled $4.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Deus Spes Mea Foundation Inc has awarded 189 individual grants totaling $8,310,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Calvin H Babcock Director | 0 | $0 | |
Dr Evelyn E Babcock Director | 0 | $0 | |
Mary B Taylor Director | 0 | $0 | |
Mary Anne Babcock Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $482,962 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,360,915 |
| Capital Gain Net Income | $1,360,915 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,843,877 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20,673 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $112 |
| Total operating and administrative expenses | $27,919 |
| Contributions, gifts, grants paid | $4,540,000 |
| Total expenses and disbursements | $4,567,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,496,353 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,233,690 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $23,770,835 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Deus Spes Mea Foundation Inc has awarded $4,540,000 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
LIVING HOPE DONER ADVISED ACCOUNT SCHWAB CHARITABLE PURPOSE: GENERAL USE | $580,000 |
Boone, NC PURPOSE: GENERAL USE | $395,000 |
LIVING HOPE HAITI CHRISTIAN MISSION PURPOSE: GENERAL USE | $390,000 |
Peachtree Corners, GA PURPOSE: GENERAL USE | $275,000 |
Orlando, FL PURPOSE: GENERAL USE | $215,000 |
EVANTELL INC PURPOSE: GENERAL USE | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Second Wind Programs Inc Birmingham, AL | $5,585,002 | $12,560,505 |
New Mission Systems Inc Ft Myers, FL | $7,483,097 | $11,126,012 |
Deerwood Country Club Inc Jacksonville, FL | $10,155,508 | $6,981,612 |
Archbold Expeditions Inc Venus, FL | $92,397,695 | $5,182,964 |
Reach Up Inc Tampa, FL | $1,690,303 | $4,995,945 |
Reading Edge Academy Inc Debary, FL | $6,200,470 | $4,846,330 |
Deus Spes Mea Foundation Inc Miami, FL | $23,770,835 | $1,843,877 |
Kenneth M And Sue B Henson Charitable Tr Columbus, GA | $128,427 | $4,166 |
Alabama Quality Assurance Foundation Birmingham, AL | $2,705,369 | $2,946,978 |
Adults Mankind Organization Inc Miami, FL | $649,293 | $3,052,521 |
Star Choices Inc Macon, GA | $3,954,236 | $2,942,133 |
American Academy Of Religion Inc Atlanta, GA | $12,832,858 | $1,627,436 |